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Search Results 0 to 49 of about 211 (some duplicates have been removed)
it is not a fine, it is a tax. you know the government did not argue that it was a tax and even though the people challenging did not argue it is a tax, the supreme court called it a tax, and because it is a tax, you have to pay it first and then seek your refund. this is insane. and so people will have additional tax bill. they must pay the tax bill and petition the irs. begging the irs to have that money paid back to them because there was no insurance policy made available at the time the tax was due. >> that is because of judge roberts' ruling. >> it is because of the supreme court ruling. tax is different than a penalty. if we speed and have a point assessed. if you are i owe a tax and think it is too much. we pay the tax first and get the money back, later. that's what will happen to individuals who will not obtain insurance coverage because obama care doesn't work and the computer system couldn't get them to the insurance carrier and the dead line passed. >> so it is line garnishing the wages. >> it is the moral equivalent, yes. if you owe the tax and don't pay it, your employer will colle
times are among the highest in the country and let's not forget that taxes and spending in recent years to support the plan are under governor duval patrick have gone up substantially. we'll look at more of the claims by president obama in just a moment, but first, president obama now not the only one stonewalling for his health care plan. secretary secretary kathleen sebelius trying to get some answers about the disastrous obama care rollout. nbc news steve handelsman joins us. >> part of the parade of horribles as president obama calls it is millions of americans losing their health care and that's happening here on capitol hill, obama hhs secretary kathleen sebelius says blame insurance companies for millionses of americans getting lers and emails that they're getting dropped. republicans said president obama, with the help of kathleen sebelius, won reelection promising that if you like your health care coverage, if you like your insurance, if you like your doctor you can keep them. that, said a republican, amounts to political deception. >> millions of individuals who by listening t
in any temperature, even cold. tideod pop in. stand out. ♪ 'cause i'm the tax man, yeah, i'm the tax man♪ >> i love that music, i mean, that's just perfect because higher taxes may be coming thanks to obamacare. a report in the new york times that says millions of people will get free health coverage under obamacare. grover norquist joins us on the demands for ever more taxes. we're about a minute from the opening bell. come in from chicago, larry levin. look, larry, i've got a new poll from citigroup that says that 20 very rich families keep 39% of their assets in cash, only 25% in stocks. i'm surprised as so much cash. what does it tell you? >> well, it tells you those people have a whole lot of money, stuart and they've got less problems than a lot of people, even a lot of traders down here, you know, if you're going to keep-- >> do you think they're worried? do you think they're nervous with stocks as an all-time high and bonds doing very well, too? are they nervous? >> again, i think they may be nervous to a certain extent. you should be a little nervous when the markets are on t
for by the payroll tax. that's called -- a kind of single payer. but the republicans for years have been saying -- no we don't want it that way. we want private insurers. we want a profit motive the we want a market. and indeed if you look back, historically, richard mixston came up with a proposal that was very, very close to the affordable care act. democrats didn't like it. it wasn't close enough to social security and medicare. mitt romney, the reason the president is -- in massachusetts is because obama care was modeled exactly after romney care in massachusetts. including the individual man date, which mitt romney after he signed that into law and was asked where did the mandate come from. he said an idea from the heritage foundation. and i heard from it through newt gingrich. that's where -- that's where this comes, this comes from. so for republicans now to turn around and say, oh, we think this is just awful. we don't like any of this. well it its beyond ironic. it is sort of -- tragic and combic com comic. >> secretary sebelius -- >> the president made it clear. and our policy was put
like to go to a party with some of those people? >> maybe not. but we work hard and send our tax money in and waste is the way sebelius and the rest of the bozos. >> from the chairman on down on the republican side except for ryan i have yet to see one that -- >> they put this website online october 1st and it wasn't ready and spent a lot of americans' tax money doing it. >> i'm not for it. >> should have had a nice afternoon on the hill today? >> no, but have some people with intelligence asking some questions. >> this is the thing you pointed out early are. sebelius frustration caught on a hot mike. >> i have a unanimous consent request. i'd like -- madam secretary -- >> don't do this to me. >> is she referring to her staff trying to give her something at the time? i can understand that. like if the producer would be yelling something in your ear right now, which he's not. what are you doing to me? i got this. i can handle it. i do think that if you were just coming in to watch the hearing, you're dipping in and out as an american, you're listening to this, you want her to be able to
months. it could mean delaying the tax penalties if you don't enroll or delay could mean not doing anything on the individual mandate. how do you read that? >> republicans sense weakness. when you look at senator joe manchin of west virginia and others are pushing to enter into the obama care exchange for the individual mandate, so democrats are pushing for a delay on that front. republicans, of course, are pushing for a delay of the entire individual mandate. they would like to get inteegious on the record on those fronts. >> robert costa, thank you very much. we appreciate it, as always. >>> health and human services kathleen inte k -- kathleen sebelius is set to testify tomorrow. going back to the office of management and budget during the reagan years. chairman fred, thank you for coming on. i appreciate it. look, a very embarrassing politically devastating moment for obama, this whole business about false promises and you are not going to be able to keep at least 50% won't be able to keep their insurance plans what can you do about it, fred? what can you do about it? >> well,
is talking about accepting a budget deal without any knew taxes. on timing. as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry! ♪ neil: the conventional wisdom is that it will get nasty. you know, democrats are going to keep demanding high taxes and more taxes as part of any deal. lo and behold, or that the white house might be pulling a head fake or sincerely meaning they do not want taxes to be part of it. all the suddenness of the white house. >> trying to frame the debate. taxes were never on the table. this is all about spending. this is about the democrats to want more spending. upset at the sequestration. the only fight that the rep
, the white house is talking about accepting a budget deal without any knew taxes. on timing. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine biologist... who studies the peruvian anchovy. invested in the world. bny mellon. we don't have time for stuff like laundry. we're too busy having fun. we get everything perfectly clean by tossing one of these in the wash. and that's it. i wanted to do that. oh, come on. eh, that's my favorite part. really? that's our tide. what'sours? ♪ neil: the conventional wisdom is that it will get nasty. you know, democrats are going to keep demanding high taxes and more taxes as part of any deal. lo and behold, or that the white house might be pulling a head fake or sincerely meaning they do not want taxes to be part of it. all the suddenness of the white house. >> trying to frame the debate. taxes were never on the table. this is all about spending. this is about the democra
. look at this, judicial watch reports that former irs official lois lerner shared confidential tax info with the federal elections committee. if true, that would be a felly. 48 million people on food stamps facing cuts in the program. 36 bucks a month. 420 a year cut. last item, french soccer going on strike. the reason, french president hollande won't give the teams and players an exemption from that 75% tax on million dollar sales, they're striking. we haven't forgotten about your money. it's all about tech. apple's new ipad on sale today, that and more obamacare bombshells in a moment. [ bagpipes and drums playing over ] [ music transitions to rock ] make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you open an account. and this pk is the inside of your body. see, the special psyllium fiber in metamucil actually gels. and that gelling hes to lower some cholesterol. metacil. 3 amazing benefits in 1 super fiber. ♪ we need a little christmas right this very minute♪ >> i suppo
in colorado that would increase taxes by $950 million in one year and restructure the way that state funds its public schools. we're back with james freeman, and steve moore. so steve let's go to colorado first because it's a very interesting state, trending left politically, with a kind of new coalition of cultural liberals and hispanics. and women. leading to a democratic majority there. and they could take another big step to the left with this ballot initiative. explain. >> no question about it. paul, you're exactly right. colorado is one of those states that has moved more to the left than just about any other state in the country. and partially because of huge democratic money and liberal money that's gone in to that state. so what they've now put on the ballot is a gigantic income tax increase to pay for more money for schools. this is a big power play by the left to expand the size of the state government. the income tax, if it's raised, paul, would get rid of a traditional policy in colorado of a low flat tax. and i would make the case, one of the reasons colorado has been a high grow
, but the prospect of raising taxes remains a sticking point. >> simply taking more from the hard-working families of america just isn't the answer. i know my republican colleagues feel the same. so i want to say this from the get-go. if we look at this conference as an argument about taxes, we're not going to get anywhere. the way to raise revenue from our perspective is to grow the economy, to get people back to work. >> compromise runs both ways. while we scour programs to find responsible savings, republicans are also going to have to work with us to scour the bloated tax code and close some wasteful tax loopholes and special interest subsidies because it is unfair and unacceptable to ask seniors and families to bear this burden alone. >> ifill: the committee has until december 13 to hammer out an agreement. otherwise, the next round of cuts will kick in next year. we'll have more on this, later in the program. there's word that the national the deficit ran $680 billion -l last month. the first time red ink has fallen below a trillion dollars in five years. today's report said revenues rose by
out of 12% declared that america's large profitable corporations are paying a lower tax rate than our teachers and firefighters. this went back and said, look, this isn't the way to do it, not one year, because it followed the recession. it followed 2008 and 2009. you remember ge and other corporations? the entire financial sector had a lot of writeoffs. he did a different study. he went back and did 2004 to 2010, he counted all taxes paid worldwide, including state, including foreign, and the effective tax rate of all u.s. corporations exceeded 35% from 2004 to 2010. the other thing he found out was since 1997 all the leading economies of the world, 31 out of 34 have cut their corporate tax rates to attract job. >> did you say that includes foreign taxes too? >> includes foreign taxes. >> i mean, don't we only care about taxes paid here in the united states? >> why, because that's all we collect? >> yeah. it doesn't matter if we collect, it matters how competitive -- >> it matters if you're looking at u.s. tax receipts. if you're looking at u.s. -- >> doesn't it matter whether u.s. c
plan comes out, for example, if your insurance is do gotoo good, you have to pay a tax, i had people come up and say i have to dpay tax on my insurance because it is too good for obama care. >> now, others have joined in. they introduced the, if you like your plan, you can keep your plan act. is that going to go anywhere? >> well, i support it. what it is doing, with these crazy rules saying if your insurance is good, you can keep it. they slid this one word in, saying if your insurance changes from the time obama care is passed, you lose your insurance. they slipped it in because they want you to be on one of four government choices. there used to be hundreds and hundreds of insurance choices in our country, there will now be four. even if they tell you there are 20 different insurance exchanges in one plan, there are still only four choices. they're only allowed to sell four choices. this is really the taking of your freedom. when ken churuccinelli talks ab it, he says this is a choice. >> i think they figured out there were 19 million fewer people that could be in the exchanges. a
in the private marketplace are, one, requesting to be comprehensive. two, you are going to have tax incentives, tax rebates for millions, as many as 6 or 7 million americans to get into this program. so they can get health coverage. >> who pays for that, julianne? who picks up the tab on rebates? >> that was part of the aca, that was part of the law. that was part of -- it comes through a tax rebate. >> let's talk about where the money comes from. originally when president obama pushed this, and turned a bill into a law, the cbo said it was going to be about $900 billion. now, they have upped that. the cbo has under that number to $1.8 trillion. we are not even talking about these additional insion incentives and rebates which is only going to add though that number. >> one how is it paid for tax increases like the medical equipment tax and increase on capital gains. there is no question there are some taxes that are paying for this secondly, the cbo also made it clear that the healthcare law was going to be a net reducer in terms of our federal deficit. >> julian, i have toil, president obama
republican after republican talking about cutting taxes, talking about growing the economy, but neachg t of he lks, tiddl ass the workg m awoma i's le e rublian pty s fogott theiddlclas exis. >> wel i ctain agr wi yo lo in trmsf making that contact with working families. and the biggest challenge families face in virginia is economic opportunity. it's jobs. there are enormous s.w.a.t.s wa because people have been unemployed so long. there's a big difference between me and terry mcauliffe. i can explain my plan to grow jobs and cut taxes, and he's proposing more government spending. $1,700 more in taxes per family versus my$700 tax cut. but a lot of them zero in now this month on obama care. and there's a stark difference between me and terry mcauliffe there also. and once again, his approach is bigger government, and mine is smaller government. i was the first to fight obama fight it. you were the first one to sue on obama care. >> right. >> at the same time, is that an issue for virginia voters? i mean, you know, we look at these numbers, and we're talking about, you know, roughly 10% o
the attention away from things like obama care, taxes, energy, those issues that are going to affect virginia in the next four years delayed our ability to get to voters at least to be on the front burner, so to speak. and that's where we are now. >> so it hurt. >> that's what we have to close with. >> it hurt? >> it compressed time to get people while they're paying attention to this race. >> steve. >> bret mentioned this independent libertarian style candidate. he is taking as many as i think the average was 9.5%, 9.5 points if you look at the quinnipiac polls and other polls, if his voters were your voters, you would be winning. how concerned are you about him and what's your pitch to libertarian style voters? >> i'm the most-accomplished pro-liberty candidate that's actually been elected statewide in virginia in my lifetime. so what we talked to them about is my actual accomplishments. being the first to challenge obama care, being an attorney general who's going to leave office having helped exonerate more wrongfully convicted felons than any other a.g. in history. whether it's fighting
a but as a practical matter anyway that you can put away free tax money, save it to you are going to need it later. the way things are going you want to do as much as you can now no matter what age. gerri: i agree with that enrely. what additional vehicles should people be looking for. max out your four -- 401(k). >> if you have children, grandchildren, the 529 plan. that has not been tampered with by our politicians. that too has been enlarged from its original levels just like 401(k). so there are vehicles like that. 529 is a good one if you want to help accomplish the savings. gerri: absolutely a great idea for people out there who are looking for additional ways to save. so many folks out the are over inveed in bonds because they got burned last time around in the stock market. what are you telling your clients right now? >> well, the stock market has been in an uptrend, and it is still intact. as long as we have low inflation which we do, very low interest rates, that is where they are, and we will have them for a while longer assets have an upward bias, real estate, stocks, all kinds of asse
they knew what they were doing. even those folks couldn't afford it. it is not the rich paying more taxes. it is people who realize in order to buy insurance, which otherwise the irs is going to come after them, but in order to buy insurance, the premiums are up, the co pays are up, the deductibles are up sometimes up to several thousands of dollars. these folks are saying i can't afford health care and send my kids to college or buy the things i need to buy. has why it is outstanding -- that's why it is outstanding she says go and buy something else. the president has doctors on the team at the white house. but the moms and dads out there, the single moms and dads struggling to get through lost it and they don't know how to get it back. >> let's look atey -- lets 8 look. he said don't blame us. it is not the president's fault. >> the law does not say sears drops coverage. the law does not say you drop coverage. the insurance industry decides how it will make money. when the private companies decide that they will drop people or put them in the exchange you blame president obama. he is no
will also qualify for tax credits to make the coverage even more affordable. we know that consumers are eager to purchase this coverage, and to the millions of americans who have attempted to use healthcare.gov to shop and enroll in insurance care coverage, i want to apologize to you that the website has not worked as well as it should. we know how desperately you need affordable coverage. i want to assure you that healthcare.gov can and will be fixed and we are working around the clock to deliver the shopping experience that you deserve. we are seeing improvements each week and by the end of november the experience on the site will be smooth for the vast majority of users. over the past month, millions of visited healthcare.gov to take a look at new health care coverage under the affordable care act. in that time, nearly 700,000 applications for coverage have been submitted across the nation. more than half of those are in the federal marketplace alone. this tremendous interest confirms that american people are looking for quality affordable health care coverage. we know that the c
in $5,200 a year but the league untouchable by the tax man? why the league has been able to be tax exempt and who is trying to stop that. >> a new study reveals music does more than make us all dance. why children might want to listen to us before they take a test. [ grunts softly ] [ ding ] i sense you've overpacked, your stomach. try pepto to-go. it's pepto-bismol that fits in your pocket. relief can be yours, but your peanuts... are mine. ♪ we need a new recipe. let us consult the scroll of infinite deliciousness. perfect. [ wisest kid ] campbell's has the recipes kids love. so good! [ wisest kid ] at campbellskitchen.com. [ gong ] m'm! m'm! good! >> 26 palestinian prisoners rb released. they will be the second group of prisoners to be let go since august. israeli and palestinian representatives began talks in jerusalem this summer after a three-year hiatus. as part of the process israel agreed to release 104 palestinian prisoners. edwa a trader according to michael morrell. he claims the nsa leaker caused more harm than good-bye releasing the nsa secret play book. still the f
for the subsidy and then once we reconcile these records, they get taxed the money back off of their refund. and so this is what i mean when i say rude awakenings. people are signing up for insurance. they're getting tax credit subsidies funded by taxpayers. the irs is already telling us they're confused about how to do this. you're not telling us whether or not you're proactively determining whether, say, an under 26-year-old is actually eligible for the subsidies you're trying to sell them and the problem is once we learn whether or not they were eligible and if they weren't, people in good faith will be signing up for subsidies that they're not eligible for. >> i think you're asking a different question, which is are we doing 100% income verification on everyone. >> and subsidy eligibility verification. >> yes. so part of the question in the application process is are you depending on your parents, on your parents tax plan so that is part of the questioning that goes on and if so we move them in that direction. more importantly, part of what you're asking is the income verification, whic
. a lot of people will qualify for new tax credits under this law that will bring down costs even further so if you lose your job, or you start a new business, or you're self-employed or a young person trying several jobs until you find that one that sticks, you're going to be able to be insured. insurance that goes with you. and gives you freedom to pursue whatever you want without fear that accident or illness will derail your dreams. now this marketplace is open now. insurance companies are competing for that business. the deal is good, the prices are low. but let's face it, we've had a problem. the website hasn't worked the way it's supposed to over the last couple of weeks. and as a consequence a lot of people haven't had a chance to see just how good the prices for quality health insurance through these marketplaces really are. now ultimately this website, healthcare.gov will be the easiest way to shop for and buy the easiest plans. you will see them next to each other and compare prices and see what kind of coverage it provides, but look, there's no denying it. right now, the websi
stream more than anything else. it really have a tax to make sure that we are still getting something out of you even if you try to say i'm healthy, i'm fine, i'm opting out of it if you start to see those little chinks in the armor, that can cause this not to be successful in the long run. let me mention a pinch in the other part of it. people are going to get subsidies and tax breaks. that's another pinch on the system. i hear republicans talking all the time about the computer and how bad the computer is i'm willing to assume it's going to be up and working on november 30th. i have a longer look at this how are we going to finance it. waivers, exemptions, subsidies and young people who aren't going to do. this i'm curious really where the money comes from. >> that's where harry reid is already talking about tax increases because you know we have to go back to the table, come the 15th of january, and then also the 7th of february, dealing with funding the forecast with the cr and then also with the debt ceiling. and you hear harry reid saying that everyone in the united states of americ
and says it's worth $40 a share. there's the alibaba ownership. that's after tax affecting it i think. and you get to $40 -- $6 a share for the core business. we shall see. but i will tell you this, alibaba growing as quickly as it is will be fascinating to see when it does come public. that will be a first half ipo. again, the filing still expected in the first quarter. you actually get the offering then, unclear, but let's assume it's the first half of the year. another key that yahoo! shareholders need to be up on, can they figure a tax efficient way for what it doesn't sell, may sell as little as 9% and therefore have a good remainder of alibaba, which is shocking, $190 billion. >> it's killing it. >> killing it. ebidta growing. it puts twitter to shame. >> as for the bernstein call, what if the core value does improve? >> here's the issue for me. wrooef se we've seen these over and over again, internet companies and people go crazy. i don't know what to pay for alibaba. i don't. if it's real, and it sounds real -- >> it's real. this company is generating enormous operating profit
the pike? how many taxes are in there? nice that it is covering people, but when will it -- what is it going to cost us? i think that americans really want to know and it is not out there in black-and-white. you should be able to look and see. there are a lot of important things that have been done wrong. the president has lied to us. thank you. host: a little bit more about the book "double down." it is just coming out. even after obama named hillary clinton as secretary of state, finding their wounds, he could barely endure spending time with the clinton. he rarely contacted his democratic predecessor in the years after taking office. after midterm losses for his party, the incumbent and his inner circle realized that they still needed the popular mr. clinton. they golfed together in 2011 in an effort to get closer together. they did not even finish 18 holes. r. obama succinctly expressed his view of mr. clinton saying that he liked him in doses. to thema, who is known test campaign donor nations said that he could not name his top five vendors. he says he has no idea. after me
is that over 10% of america's largest companies pay zero percent tax rate. i would like to know where the big target shooter stands on that. does he think that's fair for average americans? that 10 percent of meramerica's largest companies pay zero percent? never answers those kinds of questions because the conservative media protects those folks. cruz cares about protecting his big money corporate interests, and he's always at work. he wants those folks to put him in office. and you know what, as of late, there is no better example than his most recent stunt. pay attention, folks. ted cruz is blocking president obama's nominee for chairman of the federal communications commission. now, the president has nominated ex tell com industry lobbyist tom wheeler. good guy. wants him to head up the fcc. now, of course, there are five seats on the federal communications commission, and three of them are vacant. and, of course, they're looking for some good democrats, because that's how it works when you have a democratic president. wheeler is a democrat, and republicans are worried that he might, wait
is compounding the problem. >> it will pass to the customers over a billion dollars worth of taxes and fees associated with the affordable care act that need to go into pricing. >> reporter: divided among aetna's 22 million members, that's not much but some say there are other added costs. children covered on parents' plans until they are 26 and protections for preexisting conditions. >> the analogy would be your house starts to burn. you call the insurance company immediately and say i would like household insurance. they say okay, sure. >> reporter: even employers say much of the increases are simply the result of rising health care costs and more people using health care. factors that at least for now have nothing to do with obama care. scott cohn, "nightly business report." >>> here to talk more about the changing landscape of health insurance is greg, assistant professor of management at northwestern university kellogg school of management and specializes in health care. good to have you with us. i assume you heard scott's package there. i want to get your best guess, estimate of how m
republican after republican talking about cutting taxes, talking about growing the economy, but not reaching two of the folks, the middle class, the working man and woman, it's like the republican party has forgotten the middle class exists. >> well, i certainly agree with you, lou, in terms of making that contact with working families. and the biggest challenge families face in virginia is economic opportunity. it's jobs. there are enormous s.w.a.t.s wa because people have been unemployed so long. there's a big difference between me and terry mcauliffe. i can explain my plan to grow jobs and cut taxes, and he's proposing more government spending. $1,700 more in taxes per family versus my $700 tax cut. but a lot of them zero in now this month on obama care. and there's a stark difference between me and terry mcauliffe there also. and once again, his approach is bigger government, and mine is smaller government. i was the first to fight obama care, and he wants to expand it. >> you were the first one to fight it. you were the first one to sue on obama care. >> right. >> at the same time, is t
of this and navigate it. thank you. bill: your income tax, sales tax, how about a driving tax. why some states are now looking to charge people for every mile they drive and how the world with a plan to track that? martha: the old saying lice may never strikes twice turned out to be a myth for this man. we will tell you about his very close call. hi. i'm henry winkler. and i know there are many myths out there about a reverse mortgage, so i want you to know the facts. there are currently no credit score or income requirements to qualify. you can get tax-free money from the equity in your home. you can use the money to pay off your current mortgage if you have one. the remaining money can be used for anything. there's no monthly mortgage payments. and you still own your home! call today to get your free guide and dvd. it explains how a government-insured reverse mortgage works. there's no obligation. one reverse mortgage is a quicken loans company. their licensed experts can answer all your questions. call to find out what a great solution this can be. don't wait, call now! bill: so this man takes his
that's the affordable care act. better protections for americans for insurance. new tax credits to help americans afford it. more choice, more competition. more security. not just for the uninsured but the under insured. we pay more in premium us and taxes when folks who are under insured visit the emergency room. we get taxed. and since we all benefit there are parts of this law that also require everybody to contribute. it requires everyone to take some measure of responsibility. to help pay for the law, the wealthiest americans, families who make $250,000 a year have got to pay a little bit more. the most expensive health insurance plan no longer qualified for unlimited facts tx breaks, some are not happy about it, but it's the right thing to do. unlike people in massachusetts, most people who can afford health insurance have to buy insurance or pay a penalty. again, they shouldn't just dump those costs on to the rest of us. everybody has some responsibilities. now, it is also true that some americans who have health insurance plans that they bought on their own through the old indiv
Search Results 0 to 49 of about 211 (some duplicates have been removed)